KEO Capital launches in Canada

KEO Capital is entering the Canadian market with a new $50 million credit facility to fuel its B2B payment and financing solutions. Operating through its subsidiary, Workeo Canada, the company aims to bridge the cash flow gap for small and medium-sized enterprises (SMEs). For retailers and service providers, this signals a growing landscape of flexible financing options designed to help businesses manage inventory and operational costs without tying up their primary capital. The core of the offering revolves around inventory and supply chain financing. Instead of waiting for traditional bank loans, business operators can use these digital tools to pay suppliers upfront while deferring their own payments. This expansion is backed by a major Canadian bank, suggesting a stable and regulated entry into the market. If you are a merchant looking to scale your operations or manage seasonal stock fluctuations in Canada, this new player provides a digital-first alternative to traditional lines of credit. It reflects a larger trend of 'Buy Now, Pay Later' (BNPL) logic moving into the business-to-business sector, allowing for smoother procurement cycles.

Source: Finextra — Lending

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